US threatens to 'utterly destroy' North Korea regime

Agencies
November 30, 2017

United States, Nov 30: The United States on Wednesday warned that North Korea's leadership will be "utterly destroyed" if war breaks out as it called on countries to cut all diplomatic and trade ties with North Korea -- including Chinese oil shipments to Pyongyang.

Washington urged tough action at an emergency meeting of the Security Council called to respond to North Korea's launch of an intercontinental ballistic missile (ICBM).

"The dictator of North Korea made a choice yesterday that brings the world closer to war, not farther from it," US Ambassador Nikki Haley told the council.

"If war comes, make no mistake: The North Korean regime will be utterly destroyed."

US President Donald Trump derided Kim Jong-Un as a "sick puppy" and threatened "major" new sanctions after Pyongyang tested its third ICBM -- which it claimed was capable of striking anywhere in the United States.

The test ended a two-month lull in missile tests that had raised hopes for the opening of diplomatic talks.

North Korean leader Kim said the test of the Hwasong-15 weapons system had helped his country achieve the goal of becoming a full nuclear power, as the international community expressed outrage.

"We call on all nations to cut off all ties with North Korea," Haley told the council.

The US ambassador said Trump had called Chinese President Xi Jinping and urged him to "cut off the oil from North Korea", a move that would deal a crippling blow to North Korea's economy.

"That would be a pivotal step in the world's effort to stop this international pariah," she said.

Piling pressure on China, Haley said that if Beijing does not act to cut off oil supplies "we can take the oil situation into our own hands."

The United States earlier this year pressed for a full oil embargo on North Korea but dropped that demand in negotiations on a sanctions resolution with China.

The Security Council met at the request of the United States, Japan and South Korea to consider next steps after three rounds of sanctions adopted in the past year failed to push North Korea to change course.

Earlier, Trump -- who had traded barbs with Kim for months -- had asked Xi to use "all available levers" to press the hermit state.

"Additional major sanctions will be imposed on North Korea today. This situation will be handled!" Trump said on Twitter.

So far Wednesday, no new announcements were forthcoming.

Last week, Trump announced new US unilateral sanctions on Pyongyang and returned it to a US list of state sponsors of terror.

There are concerns in Seoul that Trump might be considering military action against the North that could trigger a full-scale war.

Seoul is home to 10 million people and only about 50 kilometers (30 miles) from the border -- well within range of Pyongyang's artillery.

Russia urged the United States to scrap military exercises planned with South Korea in December, arguing they would exacerbate tensions.

"It is essential to take a step back," said Russian Ambassador Vassily Nebenzia, who urged Washington "to revise its policy of mutual threats and intimidation."

China once again pressed its proposal that the North stop missile and nuclear tests in exchange for a freeze of US military exercises -- a proposal Washington has repeatedly rejected.

North Korean state media said the missile launched Wednesday was more sophisticated than any previously tested by Pyongyang.

"The ICBM Hwasong-15 type weaponry system is an intercontinental ballistic rocket tipped with super-large heavy warhead which is capable of striking the whole mainland of the US," the North's official news agency KCNA said.

State television brought out Ri Chun-Hee, a star presenter who only appears for significant developments, to announce the landmark.

"Kim Jong-Un declared with pride that now we have finally realized the great historic cause of completing the state nuclear force, the cause of building a rocket power," she said.

Pyongyang said the missile reached an altitude of 4,475 kilometers and splashed down 950 kilometers from its launch site.

At least one Western expert said the missile's lofted trajectory suggested an actual range of 13,000 kilometers -- enough to hit every major US city.

David Wright, an arms control expert and co-director at the Union of Concerned Scientists, said the flight parameters of Wednesday's test pointed to a missile with "more than enough range to reach Washington DC, and in fact any part of the continental United States."

While Pyongyang has yet to prove its mastery of the re-entry technology required to bring a warhead back through the Earth's atmosphere, experts believe it is at least on the threshold of developing a working intercontinental nuclear strike capability.

In September, Pyongyang conducted its sixth and most powerful nuclear test and then fired an intermediate-range missile over Japan.

Over the past year, the Security Council has imposed biting sanctions on Pyongyang aimed at choking off revenue to its military programs.

These include a ban on North Korean exports of coal, iron, lead, textiles and seafood, trade restrictions and the blacklisting of a number of North Korean entities and officials.

The council has also banned the hiring of North Korean guest workers and capped oil exports, in particular from China, Pyongyang's main trading partner.

Canada said it would host a meeting of foreign ministers to discuss the North Korean threat.

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News Network
May 25,2020

Beijing, May 25: China has reported 51 new coronavirus cases including 40 asymptomatic infections, majority of them in the contagion's first epicentre Wuhan, where over six million tests have been conducted in the last 10 days, health officials said on Monday.

The country's National Health Commission (NHC) said that 11 new imported cases were reported on Sunday.

While no new domestically-transmitted COVID-19 cases were reported in China on Sunday, 11 imported cases including 10 in the Inner Mongolia Autonomous Region and one in Sichuan province were reported, the NHC said in its daily report.

Out of the 40 new asymptomatic cases, 38 were reported in Wuhan, which is currently undergoing mass testing of its over 11.2 million people after a spike in the asymptomatic cases.

Currently, 396 people with asymptomatic symptoms are under medical observation in China, including 326 in Wuhan, according to the health authority.

Asymptomatic cases refer to the patients who have tested COVID-19 positive but develop no symptoms such as fever, cough or sore throat. However, they pose a risk of spreading the disease to others.

Wuhan, which earlier had over 50,000 cases between January and March, started a campaign on May 14 to expand the nucleic acid testing in order to better know the number of asymptomatic cases or people who show no clear symptoms despite carrying the virus.

According to the latest figures released by the Wuhan municipal health commission, the city conducted more than 6 million nucleic acid tests between May 14 and 23.

On Saturday, the city carried out nearly 1.15 million tests, state-run Xinhua news agency reported on Monday.

Nucleic acid testing is a molecular technique for screening blood donations to reduce the risk of transfusion transmitted infections.

As of Sunday, a total of 82,985 confirmed COVID-19 cases have been reported in China with 4,634 fatalities, the NHC added.

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News Network
July 14,2020

New Delhi, Jul 14: India's COVID-19 tally breached the 9 lakh mark as 28,498 new coronavirus cases were reported in the last 24 hours, informed the Union Ministry of Health and Family Welfare on Tuesday.

As per the Health Ministry, there are a total of 9,06,752 coronavirus cases in the country of which 3,11,565 patients are active cases.

5,71,459 patients have been cured/discharged while one patient has been migrated, the Ministry informed further.

553 more deaths due to COVID-19 were reported in the last 24 hours in the country, taking the number of patients succumbing to the virus to 23,727.

The Centre further informed that India's recovery rate from COVID-19 stands at 63.02 per cent while the recoveries and deaths ratio stood at 96.01 per cent and 3.99 per cent respectively.

As per the Ministry, Maharashtra -- the worst-affected state from the infection -- has a total of 2,60,924 COVID-19 cases and 10,482 fatalities. While Tamil Nadu has a tally of 1,42,798 cases and 2,032 deaths due to COVID-19.

Delhi has reported a total of 1,13,740 cases and 3,411 deaths due to COVID-19.

As per the information provided by the Indian Council of Medical Research (ICMR) 1,20,92,503 samples have been tested for COVID-19 till July 13, of these 2,86,247 samples were tested on Monday.

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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